Valuation Absurdity1 Mar 2021 16:24
For a laugh look at Wildcat Petroleum.
Recently arrived on AIM.
Boss is a psychologist.
No assets, none.
Appointed a crypto, blockchain expert to board.
Today valued at 40 million.
I repeat, no assets. No income. A psychology graduate.
Apparently worth 25% more than us, with 2 cash producing assets, an experienced, proved, team and ample development potential.
WTF.